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Newton Company Used Linear Regression Analysis to Obtain the Following

question 67

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Newton Company used linear regression analysis to obtain the following output:
Newton Company used linear regression analysis to obtain the following output:     Required: a.What is the total fixed cost? b.What is the variable cost per employee? c.Prepare the linear cost function. d.What is the coefficient of determination? Comment on the goodness of fit.
Required:
a.What is the total fixed cost?
b.What is the variable cost per employee?
c.Prepare the linear cost function.
d.What is the coefficient of determination? Comment on the goodness of fit.


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